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Property profile & analytics
FOR LEASE
Banks
77 Exchange St Bangor, ME 04401
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0009309
For Lease
$15 SF/Yr
77 Exchange St, Bangor, ME 04401
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1974
Total area
30,422 SF
Lot
0.96 ac (41,818 SF)
Zoning code
DDD
APN
BANG M:049 L:220
UPID
US42-0009309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Emery Stephen T Law Firm
-
Sephone Interactive Media Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Heather L. Macduffie, LCSW Family Counselor
-
TD Bank Bank Loan Service
-
Northern Maine ISA Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$3.77M
Owner & transaction history
Breakthrough Prop LLC · 3 yrs held
Breakthrough Prop LLC
since 2022
Last sale
$3.7M
3 recorded transactions
Zoning & alternative use
DDD · Bangor, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,785,000
ML approach
$3,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $3.70M (Nov 30 2022)
Last sale anchor
$3.70M
Nov 30 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$124 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$61,640
Tax year 2023
Assessed value
$3,124,200
Assessed 2023
Previous assessed
$2,951,100
+5.9% YoY
Effective rate
1.97%
On assessed value
Assessed land
$214,700
Assessed improvement
$2,909,500
Applied tax rate
2,795.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1974
Heating
FORCED AIR
Total area
30,422 SF
Lot
0.96 ac (41,818 SF)
Zoning code
DDD
APN
BANG M:049 L:220
UPID
US42-0009309
Jurisdiction
BANGOR
Zoning & alternative use
DDD · Bangor, ME
Zoning DDD · permitted uses
DDD · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
FORCED AIR
Lot
0.96 ac
Current owner
From public records · entity-resolved
Breakthrough Prop LLC
Entity
Mailing address
77 EXCHANGE ST, BANGOR, ME 04401-6612
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$3,700,000
Breakthrough Prop LLC
Sky Villa Holdings LLC
Quit Claim Arm's Length For Ne States
$2,650,000 · Bangor Savings Bank
Sep 3, 2009
—
75-77 Exchange LLC
—
Deed Of Trust
related
$2,500,000 · Katahdin Trust Co
Apr 2, 2009
—
L E Springer INC
—
Deed Of Trust
related
$900,000 · Bangor Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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